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Paprika Oleoresin Market Sales Revenue, Growth Rate and Opportunity Assessment till 2031

Paprika Oleoresin Market Sales Revenue, Growth Rate

Paprika Oleoresin Market: Introduction

According to a recent study conducted on the paprika oleoresin market by Transparency Market Research, the market is expected to grow at a CAGR of 7.3% to reach US$ 459 Mn by the end of the forecast period. Paprika oleoresin is largely used in food and beverages as food colorants. It is widely used to add color and flavor to numerous of dishes. The product has the characteristic odor of sweet chillies.

Europe holds majority of the value share of 23.1% of the global paprika oleoresin market. The market in the region is estimated to be valued at approximately US$ 70.3 Mn in 2021, and is forecast to expand at an approximate CAGR of 6.8% reaching US$ 135.5 Mn by 2031 in the region.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:  https://www.transparencymarketresearch.com/paprika-oleoresin-market.html

Benefits of Paprika Oleoresin to Provide Market Growth Opportunities

Paprika oleoresin has been shown to have several benefits for cutaneous functions in recent clinical research in the field of pharmaceutical. Paprika oleoresin showed a synergistic antioxidant effect, and aid in reducing free radicals in the human body. It finds application due to anti-cancer, anti-inflammation features, and analgesia. The microencapsulation technology improves stability while also controlling the release of bioactive chemicals. Based on carrier, paprika oleoresin with 1, 00,000 CU was encapsulated at three concentrations of 5, 10, and 15%. Paprika oleoresin in micro sealed capsules with a matrix material (Gum Arabic) to preserve against oxidation and convert it to a free-flowing powder.

The color stability of co-crystallized paprika oleoresin was studied using two treatments. The objective of one treatment was to see how temperature affected color degradation, while the other was to find out how light affected it. The demand for paprika is growing due to its unique coloring features, which are related to the presence of carotenoid pigments, which provide significant health benefits in a variety of foods will drive the market growth over the forecast period.

Increasing Demand for Capsaicin in Treatment of Joint Pain to Drive Global Market

Capsaicin is a neuropeptide that releases neuropeptides only in primary sensory peripheral neurons. Capsaicin, when applied topically on the skin, helps to relieve pain in the peripheral nerves. In the manufacturing of joint pain treatments, the powdered form of paprika oleoresin is extensively used. Capsaicin was found to be more efficient than placebo in treating osteoarthritis and fibromyalgia, according to a study conducted by Arthritis Research U.K. It can also be taken safely. Capsaicin's ability to alleviate pains and aches stems from its ability to deplete nerves' supplies of subsistence P, a neuropeptide responsible for transmitting pain signals to the brain, blocking pain transmission.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=29753 

Anti-toxic medications are being mass-produced on a large scale in the pharmaceutical segment, which is attracting consumers and increasing the market revenue of paprika oleoresin. Capsaicin cream, which can be bought over-the-counter or manufactured at home, is a popular topical pain treatment. Capsaicin, both produced and homemade, can be used to treat arthritis and other painful musculoskeletal diseases. Deep joints, such as the back, hips, and shoulders, are likely to benefit from it.

Global Paprika Oleoresin Market: Segmentation

Paprika Oleoresin Market by Nature

Organic

Conventional

𝐆𝐞𝐭 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐛𝐮𝐲𝐢𝐧𝐠: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=29753 

Paprika Oleoresin Market by Extraction Method

Solvent Extraction

Supercritical Fluid Extraction (SFE)

Paprika Oleoresin Market by End-Use

Pharmaceuticals

Food & Beverage Industry

Cosmetic & Personal Care Industry

Paprika Oleoresin Market by Distribution Channel

B2B

B2C

Hypermarket/Supermarket

Online Retail

𝐂𝐥𝐢𝐜𝐤 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=29753 

Paprika Oleoresin Market by Region

North America

Latin America

Europe

East Asia

South Asia

Oceania

Middle East & Africa

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𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
𝐍𝐢𝐤𝐡𝐢𝐥 𝐒𝐚𝐰𝐥𝐚𝐧𝐢

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com
Website: https://www.transparencymarketresearch.com

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